Colombia: The dollar closed above $3,880 amid uncertainty over the Middle East.
Oil prices, main export of Colombia, are trending downwards amid uncertainty stemming from a potential escalation in the Middle East conflic Full Article
Colombia: The dollar closes lower after reaching figures not seen in a year and a half.
The currency closed the day at $3,775.64, a decrease of $36.49. Full Article
The IMF stated that Colombia’s productivity has stagnated over the past 30 years
Productivity decreased by over 10% in the 1990s in Colombia and has remained at that low level. Full Article
The dollar appreciates in Colombia as political tension rises.
In terms of performance over the past week, the US dollar has decreased by 0.15%, and over the past year, it still maintains a decline of 7% Full Article
Colombia: USD appreciates in line with other emerging currencies that lose ground
Taking into account the last seven days, the US dollar has risen by 0.85%; however, on an annual basis, it still maintains a decrease of 9%. Full Article
Colombia launches public debt ETF managed by Global X
Trading of the Global X TES Colombia ETF will commence from today at a base price of 12.8 dollars. Full Article
Official numbers: The Colombian economy grew by 1.6% in January.
The economic growth during this period was mainly attributed to the 10.26% annual rebound in primary activities. Full Article
The USD depreciates in Colombia, peso has remained strong over the past year
Compared to the previous week, the US dollar has experienced a decline of 0.69%. Full Article
The Colombian peso appreciates and consolidates its position as one of the most overvalued currencies.
The Central Bank of Colombia projects that by the end of 2024, the average exchange rate will be 4,081 pesos per dollar. Full Article
Colombia’s exports rose by 1.3% year-on-year in January to $3,745.7 million
The variation in January was explained by a 15.6% increase in exports of oil. Colombia's economy grew by 0.6% in 2023. Full Article
Profits of Ecopetrol fell by 42.8% in 2023, and its shares dropped by 3%.
Ecopetrol is the largest company in Colombia. It is also state-owned, and the second-largest in South America. Full Article
Unemployment will increase during 2024, says report published by Colombia’s Central Bank
With the results from today, in Colombia, there would still be 371,000 jobs missing from those lost since August of last year. Full Article
Several sectors of the Colombian economy are already in recession, according to new data
According to the president of the Federation of Merchants, despite official data isn't out, early indicators show Colombia is in a recession Full Article
The dollar appreciates in Colombia in line with a complicated day for LATAM
The US dollar is trading at an average of 3,970.20 Colombian pesos, representing a change of 0.1% compared to the previous session. Full Article
The colombian peso falls but Colombian stocks soar in Friday’s session
The perceived risk of radical policy shifts diminishes, contributing to a positive sentiment among investors. Full Article